foreign-exchange reserves
Coverage of foreign-exchange reserves in the Nexus archive.
- Currency Defense Gets Makeover as Emerging Asia Guards Reserves
Central banks in emerging Asia are developing methods to support their currencies without dipping into foreign-exchange reserves. These defensive actions are necessitated by external economic pressures, including recurring Middle East tensions and the prospect of higher-for-longer US interest rates.
- Ghana Made $1.9 Billion Loss on Gold Purchases in 2025, IMF Says
Ghana’s central bank incurred losses of 22 billion cedis ($1.9 billion) in 2025 under a domestic gold purchase program aimed at boosting the country’s foreign-exchange reserves.
- Nigeria’s NNPC Takes $4.5 Billion Loan for Nation’s Priorities
Nigeria approved a $4.5 billion loan arrangement with its state-owned energy firm, NNPC, to strengthen foreign-exchange reserves and fund government infrastructure projects.
- China extends gold-buying binge to 20th month amid Beijing’s de-dollarisation push
China’s central bank extended its gold-buying streak to 20 consecutive months in June, adding 480,000 troy ounces to its reserves. The total gold holdings reached 75.44 million troy ounces, reflecting Beijing’s efforts to diversify foreign-exchange reserves amid de-dollarisation discussions.